Top 5 SaaS Software to Invest In 2022

Microsoft 365 is a cloud collaboration tool that allows you to have secure and private space to share and store documents across your company. With the usage of Microsoft’s 365 unique features such as calendar, messaging, and conferencing tools, you can connect your team and external ones quickly and easily.

Only recently, Microsoft has acquired new companies such as Activision Blizzard and Nuance communications, and as of 2021, it was claimed that their overall revenue reached $168 billion!

Pricing with Microsoft 365 depends on what you use and how much you use it. There are three paid plans: home, business, and the best plan is the Enterprise plan. However, you add features based on your needs with each plan to get a reasonable price!

Are you looking for an expert Microsoft development service provider to build custom technology solutions? Choose a Microsoft Gold Certified partner.

    2. Perkbox

Perkbox is one of the most efficient SaaS businesses that seek to enhance employee wellbeing. In 2019, they became Europe’s fastest-growing employee experience SaaS platform and raised over 13 million pounds in funding boost. Their primary focus is on providing an employee rewards program that seeks to enhance employee experience at the workplace.

The employee rewards program gives employees a personalized reward that shows them how much time you’ve taken to actually learn more about them and profoundly demonstrates how much you value them.

Moreover, this is a significant boost to the feelings an employee will go through at the workplace and increases their performance and overall motivation working for you.

3. TravelPerk

Travel management has undergone many changes during the COVID-19 pandemic, and new restrictions were also imposed on traveling. Uncertainties have become common and surprises are considered normal anymore to a point where we always have to have a plan B. SaaS technology with TravelPerk has come a long way regarding travel management for businesses and implements the following strategies to help co-op with uncertainties during the pandemic:

Furthermore, this SaaS product solves a huge problem for business travelers and allows them to feel safer on the road, reducing stress levels for travel companies and enhancing experiences.

Pricing with TravelPerk starts free and goes up to $25 per trip with their pro plan, where you get more support and features that you are allowed to use.

4. Zoom

So you are probably working remotely with your team and don’t know if you will ever regularly be working in the office again or not. Well, Zoom, a very popular cloud-based SaaS application, solved a huge problem during the pandemic, and it was the ability to enhance communication remotely. 

If we were to define Zoom with a couple of words, it would be cloud-based software that enhances video communication at the peak level. You can have many participants join the call simultaneously only through an invitation code that you send them. 

According to a published report, Zoom accumulates more than $1 billion in total revenue and has had a 131% increase in the past year. Without a doubt, if the remote working tradition keeps on rising, then Zoom's revenue will be rising even more. Here are some key takeaways about Zoom:

5. Grammarly

If you are a copy/content writer or even someone who writes a lot, you most likely know Grammarly very well. Grammarly is a very useful SaaS product that assists users in correcting grammatical mistakes that are made while writing, such as adding necessary punctuations, commas and using the correct tense when writing. Moreover, its primary goal is to simplify writing and increase its readability by eliminating repetitiveness and adding a professional tone to it.

Grammarly doesn’t publicly disclose its revenue rate; however, there are rumors that they do make anywhere around $73 million annually, and that it has kept increasing each year. Most people know about Grammarly, so it is becoming more widespread in the writing industry.  

Here are some key takeaway features about Grammarly:

Grammarly is a free-to-use SaaS software; however, when you use their free plan, it’ll only inform you of grammatical spelling errors and not about any improvement in your professional tone.

The paid plan gives you in-depth suggestions of which kind of words to avoid using and how a reader perceives them. Additionally, you also get a plagiarism checker you can use with the paid plan!

How is SaaS software becoming a trend?

When SaaS was first introduced, it’ll only establish its presence in the market to explode in the next decades following its initial appearance in the 1960s. Considering the exposure of SaaS software for a long time, many IT companies haven’t adapted well to it even before the internet. It was only until the COVID-19 pandemic happened that SaaS software became trending like never before.

After all, companies who adopted its usage found out that it was cheap to use and solved many issues, including reducing time consumption for companies and helping them better communicate when working remotely. To say the least, the SaaS industry will evolve even more after the pandemic era, creating more flexibility and enhancing the use of functionalities across all industries.

As a result, we can say that the SaaS industry is indeed taking over and will continue to provide support for companies that are shifting to complete remote work or those who even work with a hybrid schedule.

Wrapping it up

Well, that’s about it for this article. Hopefully, you now have a clear picture of the top SaaS software you can consider investing your money in and using to the advantage of your business. SaaS software not only benefits how operations run in your business but also reduces unnecessary time consumption and investments.

Take into account which industry your business is operating in and make sure you carefully read through each SaaS product we recommend and even some you can find on your own in order to see what works best for your business.

After all, we need to always keep up with the business trend and see how they can benefit our business to the maximum level.

Let me wind up with a final inquiry… Are you looking for developers who can create high-end SaaS applications? We at Bridge Global have the finest professionals with immense cloud computing capabilities. Hire our developers or call us for a free consultation to build or augment your team for the next best SaaS software.